Move Prevailing Wage Dollars Out of Payroll and Reduce Associated Costs

By constructing a bona fide fringe benefit plan, you’ll increase profits. Submit more competitive bids. Build employee loyalty.

DirectAdvisors maintains a thorough understanding of the laws governing prevailing wage in the construction industry.

Simplify the complicated process of complying with the Davis-Bacon Act or similar laws while saving money and building your business.

From fringe benefit plan design to plan administration to communicating the benefits and requirements to your employees, we’re at your side whenever you need us.

Find out how DirectAdvisors can help you design and administer a bona fide benefit plan that meets federal and state contract compliance requirements. 

Where you see obligation, we see opportunity.

Latest From Our Blog

Fiduciary Liability Insurance vs. ERISA Fidelity Bonds

Fiduciary Liability Insurance vs. ERISA Fidelity Bonds

As you might be aware, fiduciary liability insurance and ERISA fidelity bonds are not one and the same. Both serve to mitigate risk for fiduciaries, and both are critical aspects of an employee benefit plan. However, it’s important to understand the differences between these two safety nets, as well as the degree to which your plan should be protected by each.

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New Department of Labor E-Delivery Rules

New Department of Labor E-Delivery Rules

The preparation of retirement plan account statements has traditionally required a great deal of paper, ink, time, and money. Printed statements that are mailed to plan participants are not environmentally friendly, are less secure, require more staff labor, and add extra costs to the administration of a retirement plan. With that in mind, a new e-delivery rule from the Department of Labor (DOL) could benefit your plan in a variety of ways.

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